The 1930 20 centavos coin from Cape Verde belongs to the period when the archipelago was a colony of the Portuguese Republic. According to historical records, this was the first time a coin was specifically minted for Cape Verde with this denomination.
Its issuance aimed to replace some of the banknotes circulating at the time, standardizing monetary circulation and aligning it with the coins in use in the Portuguese mainland.
Physical Characteristics and Design
Here are the technical specifications of the coin:
- Face value: 20 centavos (0.20 escudos)
- Year of issue: 1930
- Material: Bronze
- Weight: 5.0 g
- Diameter: 24.0 mm
- Thickness: approximately 1.3 mm
- Edge: reeded / serrated
Obverse and Reverse
- The obverse bears the inscription “CABO VERDE” beneath the image of an allegorical head (typically representing “Liberty,” in a style similar to coins from mainland Portugal).
- The reverse shows:
- The coin was likely minted at the official Portuguese mint, as was usual for colonial issues, and does not show a specific mint mark.
Circulation and Demonetization
This coin was part of the colonial escudo system and circulated as everyday currency in Cape Verde. Over time, with historical changes — especially the end of the colonial period and subsequent monetary transitions — it was demonetized and ceased to be legal tender.
Today, its importance is primarily historical and numismatic, meaning its real value lies with collectors rather than in everyday use.
Current Numismatic Value (Collector Estimates)
The market value of a 1930 20 centavos coin largely depends on condition (wear, scratches, luster, etc.). Typical estimates are:
- ≈ €3.76 for coins in average circulated condition
- Up to €21.42 for coins in “UNC” (uncirculated) condition
- In USD, prices range roughly from $4.42 – $25.16 depending on condition
Specialized numismatic shops may price coins slightly differently. For example, a coin in “VF” (Very Fine) condition could be listed around €3.00.
These values are indicative; actual sale prices can vary based on rarity, demand, provenance, and unique characteristics (perfect strike, original patina, collection marks).
Historical and Collector Significance
For collectors and enthusiasts of Cape Verdean history, this coin is a milestone: it was the first coin specifically minted for the territory, bearing the name “Cabo Verde” — not just a regular Portuguese coin in circulation. This gives it historical significance, not just monetary value.
Although it had a relatively large mintage (about 1,500,000 pieces, making it not extremely rare), it is accessible to collectors of different budgets, which explains the moderate market value.
Obtaining one in good condition (preferably with original patina and no damage) can be a valuable addition to a collection of colonial coins or coins from former Portuguese colonies.
Conclusion
The 1930 20 centavos coin from Cape Verde is a piece of significant historical and numismatic value, representing the colony’s monetary identity. While not extremely rare, it holds symbolic and collector value, especially in good condition. For those interested in the history of Portuguese colonies, monetary history, and African numismatics, it is a coin worth noting.
